leokl sorry you are off the mark I think if they wanted the takeover rejected then a) they wouldn't have done the 1.5 cent placement and director deal with infinit and b) wouldn't have unanimously endorsed it
I think the accusations of insider trading and blatant manipulation are pretty obvious. My only concern is that they wouldn't be too concerned by the letters comment of holders of total of 100m shares express disgust as that is why they issued 350 million shares as dispersed share register so easy to manipulate etc.
This is why you need the support of people like ASIC etc as no dispect but even the largest shareholder of 20m shares here is still small fish cf holdings of bigger players, esp those playing the game ie infiniti who happens to just been issued 350m shares...
Corporate manevouring so bigger fish getter richer by screwing the smaller fish....some call this tactic asset stripping...you decide on the facts we know what this is about and whether this is all above board.
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